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$340,000

Beds
2
Baths
1.0
sq ft
1,212

4825 Dr Martin Luther King Jr St S, Saint Petersburg, FL 33705

4825 Dr Martin Luther King Jr St S

ST PETERSBURG, FL 33705

  • 2 days on market
Charming 2-Bedroom Home in Desirable Lakewood Estates. This delightful 2-bedroom, 1-bathroom home with a BONUS ROOM and extra-large 1-car garage is located in the sought-after Lakewood Estates, just minutes from downtown St. Petersburg, pristine beaches, and scenic nature reserves. Featuring many updates and move-in ready condition, this home offers both comfort and efficiency with major updates including: roof (2020), flooring (2020), hot water heater (2020), AC (2020), and kitchen appliances. Best of all, the home is equipped with SOLAR PANELS, keeping electrical costs low. Upon entering, you’ll find a spacious dining room with a view of the backyard, perfect for entertaining. The large living room connects to two cozy bedrooms and a tastefully updated bathroom with a tiled tub/shower. The kitchen features a charming eat-in nook, ideal for casual dining. The versatile BONUS room, currently used as a bedroom, could also serve as a home office or in-law suite. The expansive extra-large garage provides ample storage and convenience, while the oversized circular driveway accommodates multiple cars, plus space for your boat or jetski. The generous backyard boasts mature trees and plenty of room for a pool, play area, or future expansions. Located in an unbeatable spot, you’ll have easy access to the best of Florida living—whether it’s the sunny beaches, Boyd Hill Nature Preserve, Ft. DeSoto Park, or downtown St. Petersburg. Don’t miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$353,047

Lot size

8,411 sq ft

Price per sq ft

$281

Year built

1951

Annual property taxes

$3,536

HOA

No

Price History

01/05/2025
StellarMLS

StellarMLS #TB8335198

Listed
$340,000
+58.14%
02/24/2021
StellarMLS

StellarMLS #T3256677

Sold
$215,000

Schools & Community

Neighborhood: 

Lakewood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$120,289
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$192,511
Cash to seller
$120,289

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Prefered Lending Services Llc

Loan start date

February 2021

Original loan amount

$211,105

Est. remaining balance

$192,511

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Robert F Stall Ii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/07/2025 at 2:55 PM

Listing updated: 01/06/2025 at 6:51 AM

Listed by: Sarah Strobel, REALTY ONE GROUP SUNSHINE Phone #: (727) 293-5100

MLS: StellarMLS #TB8335198

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